Heineken urges Vietnam to reconsider excise tax
Vietnam should reconsider raising the excise tax on alcoholic drinks, including making a timeline for gradual implementation and different tax rates for different products, says Heineken Vietnam managing director Wietse Mutters.
Companies - Thu, October 3, 2024 | 11:35 am
Vinamilk, Masan, Heineken top 'reputable' food-beverage firms in Vietnam: report
Dairy giant Vinamilk, consumer goods corporation Masan and beer maker Heineken are among the most "reputable" food and beverage firms in Vietnam in 2024, according to research firm Vietnam Report JSC.
Companies - Wed, September 18, 2024 | 12:07 pm
Heineken value chain halves to 0.5% of Vietnam GDP in 2023
Heineken Vietnam’s value chain added value equivalent to 0.5% of GDP to the economy in 2023, according to the brewer’s sustainability report 2023 released Tuesday.
Companies - Wed, September 11, 2024 | 10:56 am
Heineken Vietnam targets net zero carbon emissions in 2030: exec
Heineken Vietnam strives to reach net zero carbon emissions in 2030, managing director Wietse Mutters told National Assembly Vice Chairman Nguyen Duc Hai.
Companies - Fri, August 30, 2024 | 7:37 pm
Heineken Vietnam has new managing director
Heineken Vietnam, one of the largest players in the country's beer market, on Monday announced the appointment of Wietse Mutters as managing director, succeeding Alexander Koch, who will take a similar position in Italy, effective August 1.
Companies - Tue, August 6, 2024 | 7:15 am
Heineken proposal for hybrid tax on beer not suitable for now: ministry
In its latest draft on excise tax, Vietnam’s Ministry of Finance has not taken into account Heineken’s suggestion for a hybrid tax calculation for beer.
Industries - Sat, August 3, 2024 | 1:46 pm
Vietnamese beer market stabilizing: Heineken
The Vietnamese beer market declined by a low-single-digit in the first half of this year but showed signs of stabilizing in the second quarter, Heineken said in its review for H1/2024.
Companies - Tue, July 30, 2024 | 11:00 am
Vietnam beverage industry reeling from 'successive shocks': industry insider
Vietnam’s beverage industry is struggling after experiencing "successive shocks" in recent years, including the Covid-19 pandemic, conflicts in different parts of the world and strict enforcement of the zero-alcohol policy.
Economy - Wed, July 3, 2024 | 7:24 am
Vietnam persists with controversial zero-tolerance policy against drunk driving
Vietnam’s National Assembly passed the Law on Road Traffic Safety and Order with 79.84% of the votes Thursday, continuing a zero-tolerance policy against drunk driving that has generated some controversy.
Economy - Thu, June 27, 2024 | 3:55 pm
Heineken Vietnam to start $540 mln factory expansion soon
Heineken Vietnam Brewery Limited Company (Heineken Vietnam) plans to start construction of a $540-million factory expansion project in Ba Ria-Vung Tau province late this year to increase annual output by 500 million liters.
Industries - Wed, June 26, 2024 | 11:08 am
Dull market prompts Heineken to suspend factory in central Vietnam
Heineken Vietnam Brewery Limited Company, or Heineken Vietnam, has suspended operations of its factory in the central province of Quang Nam since June 12, citing multiple challenges in the local market.
Companies - Mon, June 24, 2024 | 10:02 pm
Brewer giant Habeco posts biggest quarterly loss in 4 years
Habeco, among the top four brewers in Vietnam by market share, suffered a net loss of VND21 billion ($828,570) in the first quarter of 2024, up nearly sixfold from the same period last year.
Companies - Wed, May 1, 2024 | 7:00 am
Heineken Vietnam’s Q1 revenue expands amid national market decline
The beer market in Vietnam declined by a mid-single-digit in the first quarter of this year, but Heineken’s net revenue (per before exceptional items and amortization-beia formula) was up in the mid-teens, the Dutch brewer said Wednesday.
Companies - Thu, April 25, 2024 | 8:18 am
Heineken’s operating profit in Vietnam drops 32% in 2023
Heineken’s operating profit (per before exceptional items and amortization-beia formula) in Vietnam dropped 32% year-on-year last year, according to the Dutch brewer’s 2023 performance review.
Companies - Mon, February 19, 2024 | 10:59 am
- Editor’s Picks
-
Qualcomm earns $39 bln revenue, Vietnam 2nd biggest market
-
LG Display to invest $1 bln more in Vietnam, $5.65 bln in total
-
Vietnam prepares for 11-15% power supply growth in 2025: ministry
-
How Trump's presidency could affect Vietnam's economy, stock market
-
Clear M&A potential in Vietnam clouded by legal gray areas: ONE-VALUE exec
- Most Read
Petrovietnam, Petronas to boost renewable energy cooperation
Energy - Update 2 day ago
- Editor’s Picks
-
Qualcomm earns $39 bln revenue, Vietnam 2nd biggest market
-
LG Display to invest $1 bln more in Vietnam, $5.65 bln in total
-
Vietnam prepares for 11-15% power supply growth in 2025: ministry
-
How Trump's presidency could affect Vietnam's economy, stock market
-
Clear M&A potential in Vietnam clouded by legal gray areas: ONE-VALUE exec
